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George Bush's reality distortion field
The president appraises Wall Street's performance Monday morning.
Andrew Leonard [2008-03-17]

  • Bubbles

    Yes, they put in regulations after the fact, and then the money goes elsewhere, then they chase that money and then they put in regulations, then the money goes elsewhere, then they ...

    And sometimes, like Glass-Steegal, they remove perfectly good regulations because the money wants it so, then investment 'banks' collapse, and then ... maybe they have to put the regulations back in place that they'd removed.

    Do you see the pattern?

    -- ELYDOG
    [Read ELYDOG's other letters]
    Monday, March 17, 2008 10:48 AM
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